Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Dow Jones Commodity Index Agriculture & Livestock Capped Component ER (INDEX:DJCIALCP)
Strong Downtrend (-100) - DJCIALCP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DJCIALCP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJCIALCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIALCP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIALCP
The long-term trend has been DOWN since Oct 4th, 2023 at 110.13
The intermediate-term trend has been DOWN since Nov 24th, 2023 at 111.45
The short-term trend has been DOWN since Dec 6th, 2023 at 111.40
Smart Scan Analysis for DJCIALCP
Based on our trend formula, DJCIALCP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).